Sentences with phrase «annual budget surpluses»

Cabrera, who left the school to become president of George Mason University in July 2012, told the school archivist during an oral history interview that the school was reporting an annual budget surplus despite the collapse of the economy in 2009 and 2010.

Not exact matches

As the latest Annual Report from the Bank of International Settlements states: «In most advanced economies, the fiscal budget excluding interest payments would need 20 consecutive years of surpluses exceeding 2 % of GDP just to bring the debt - to - GDP ratio back to its pre-crisis level.»

In the April 2015 Budget, annual surpluses were forecast over the period 2015 - 16 to 2019 - 20.

This was not an issue when the federal government was in deficit but became one once the budget was balanced and annual surpluses, larger than forecast, emerged.

Christie singled out Horizon during his annual budget address, saying the insurer should tap into «excess surplus» from its $ 2.4 billion in capital reserves to fund the anti-addiction campaign the governor hopes to make his lasting legacy.

The authors point out that the average annual losses in the value of western Kansas's groundwater aquifer were roughly equal to the amount of the fiscal surplus projected in the state's 2005 budget.

Typically, these surpluses are used to build operating reserves of about 5 percent of a school's yearly budget, to insure against normal cash - flow needs, temporary revenue interruptions, or fluctuations in annual per - pupil funding levels.

A survey released here at the annual meeting of the National Conference of State Legislatures reported that revenues flowing to state coffers over the past year almost doubled predictions, allowing most states to close fiscal 1995 with healthy budget surpluses.

The data — taken from The Key's annual State of Education report to be released in May, and weighted by Ipsos MORI — reveals that only eight per cent of school leaders expect to either achieve a surplus or to balance their budget without making any savings in the next financial year.

Under Roberts, the Detroit Public Schools has generated an annual operating surplus for the 2011 fiscal year, its first surplus since 2002; accelerated the elimination of its $ 327 million legacy deficit; and adopted a balanced budget for fiscal 2012.

Even earlier in his tenure, after deciding to thoroughly review the district's $ 338 million annual budget put together by his predecessor, Ferebee discovered that the budget improperly showed the district carrying a $ 30 million deficit when, in fact, there was a slight surplus.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

Except making $ 750 000 annual savings the city's financial house has to put off 50 % of annual budget balance surplus.

Little minor details like inputting budget and cash flow incomes and expenses, accounting for annual surpluses and deficits and replacement costs, performing an actual investment risk tolerance test instead of having a BD Rep randomly move a meaningless slider, and an endless of critical Real World variables that MGP just completely ignores.

Even with a large surplus and an annual provincial budget of $ 46 billion, the CBA has been told by the government there is no new money for legal aid, because each department must balance its own budget, says Shorten.

But Richardson told the annual meeting that «not for profit does not mean not efficient» and that the interim budget for 2001 calls for a $ 1 - million surplus.